Donis Deal Closing, Mystakidis and Kace Deals Up in the Air

Donis Deal Closing, Mystakidis and Kace Deals Up in the Air

New developments are showing no sign of slowing down at Panathinaikos, with Giorgos Donis set to be announced as manager imminently. Added to this are transfer rumours and the ongoing ownership issue, where Pairoj Piempongsant and Dimitris Giannakopoulos are locked in a two way battle.

Watch LIVE GREEK TV including full GREEK SPORTS coverage from!

Donis Deal Set to be Announced

Giorgos Donis met with Nikos Dabizas on Thursday afternoon and an agreement was reached. Dabizas approved Donis’ request for an increase in salary for himself and his coaching staff. The pair have always enjoyed a positive relationship and the deal was never thought to be in danger, but following this verbal agreement, only a final approval from Giannis Alafouzos and Donis signing the dotted line of the contract are required.

According to strong rumours, Alafouzos is happy with the appointment and has instructed for the written contract to be drafted. It will be a 2 year deal (1 season with an option for a second). This would consequently result in Donis getting a pay rise in the second year, as financial parameters will be discussed at the end of the 2018-19 season.

Mystakidis and Kace Deals Up in the Air, New Name on the Radar

As reported earlier this week, the Greens were interested in luring PAOK duo Giannis Mystakidis and Ergys Kace. There has since been a new development on that front and it is not a good one for the Trifylli. PAOK refused to accept the proposal which would have resulted in the Thessaloniki-based club paying the pair 100% of their contracts whilst they played for Panathinaikos on loan for the entire 2018-19 season.

Both Mystakidis and Kace are keen on a return to Athens and all hope is not lost. A new offer may be put on the table in the future, however, based on recent rumours that is some time away.

Panathinaikos is also interested in signing young Greek forward Stefanos Regakos. He is currently plying his trade in Switzerland with Lausanne, following his release from the Atromitos youth system last year. He fits the bill as an “ideal signing” since he is Greek and under the age of 23 (the club is able to sign an infinite amount of Greeks under 23 according to the transfer penalties they have been dealt with). Furthermore, the team is in desperate need of a striker as current stocks are low.

Piempongsant Lands in Athens Yet Again

The next month will be pivotal in the future of Panathinaikos as a clearer picture will be evident as to who will acquire the club. Giannakopoulos upped the ante with his meeting with Tsipras in relation to the “Athens Alive OAKA” Project. He is in the process of lodging a new bid of 35 million Euro to acquire his boyhood club.

Meanwhile, Piempongsant has wasted no time and will arrive in Athens on Friday to meet Alafouzos again. His aim is to complete the deal by the 15th of June. The Thai businessman wants to stay up-to-date with all proceedings, especially the financial control. This is the main purpose of his visit.

Additionally, Piempongsant’s son will have a role at the club should a deal be reached. He is apart of the Pan Asia consortium already and will look to deal with football-related matters.

by Nick Tsambouniaris
Image Source:
Thank you for visiting, the only English based website for Greek sports fans across the world! Like us on Facebook, follow us on  Instagram, and Twitter for all the latest news in Greek Sports!